LONDON

4-5 JUNE 2018

UNDERSTAND WHAT SHAPES ECONOMIC

OUTCOMES

WHERE DO YOU GO FOR INVESTMENT INSIGHT?

As the information explosion gathers pace, the sheer volume of data may make finding and evaluating investment opportunities increasingly complex. MiFID II is also changing the way you purchase and consume research. Even experts in the investment industry can overlook the impact macro factors have on markets.

Do you know how a strong currency in one part of the world will affect demand elsewhere?

What do interest rate rises mean for manufacturing in the U.S, Chinese exports, or bond yields in Germany?

To succeed in today’s investment industry, it’s essential to understand these relationships. Assessing trends and exploring how movements in one asset can influence returns in another all form a key part of an asset managers’ decision-making toolkit. Macro factors exert a huge influence - to ignore them is to expose a portfolio to unnecessary risk.

Inflation and the economy

Fiscal and monetary policy

EQUITIES

Liquidity and cyclical outlook

Earnings interaction with growth, inflation, and policy

Profit margins, yield curve, and sectors

BRINGING IT ALL TOGETHER

Summary and conclusions

CASE STUDY 6:

Why Being Bullish In 1982 Paid Off

ADDITIONAL MATERIAL

Participants will receive reading materials that will supplement the in-class learning experience. Included in this package will be various case studies as well as seminal reports written by BCA Research over the past several decades. Take-home exams will also be available for students that wish to test their macro knowledge before and after the course.

METHODOLOGY

The training consists of classroom-based teaching sessions combined with some assigned readings. Case studies will be used during the two-day session to ensure that participants are effectively learning how to apply the various concepts to actual situations.

OUR

INSTRUCTORS

ON THISCOURSE:

JIM
MYLONAS

Jim Mylonas is a Chief Strategist with BCA Research. Jim has a cross-functional role that includes shaping the research view and communicating this message to BCA clients. Jim joined BCA in 2011 with the Global Investment Strategy team, and then moved to the Geopolitical Strategy group. Jim is also a lead instructor of BCA’s macro training program. He holds an Honors BA in economics and political science from the University of Toronto and an MA in international affairs from the Norman Paterson School at Carleton University. Jim has published in peer-reviewed academy journals and has also been quoted in major newspapers.

MATHIEU
SAVARY

Mathieu Savary joined BCA Research in 2004 and is the Chief Strategist of the Foreign Exchange Strategy service. Previously at BCA, he was Senior Editor of the Global Investment Strategy service. Additionally, Mathieu has been one of the principal developers and is a lead instructor of BCA’s macro training program. He has also worked at Brandywine Global Investment Management. Mathieu has a BCom in Finance and Economics from McGill University and holds the CFA designation.

VENUE:
LONDON, UNITED KINGDOM
4-5 JUNE 2018

YOUR TRAINING VENUE WILL BE CONFIRMED SIX WEEKS PRIOR TO THE COURSE START DATE. ATTENDANCE IS LIMITED. PLEASE REGISTER EARLY.